today's parallels to 1998

[PatientCheetah]

I think there are many parallels between today and 1998 - Russian devaluation/Russia vs. Ukraine, Asian financial crisis/China slowing down, LTCM/Tiger club funds down big in March. For those that are older/wiser/invested in the late 90's, it took the market 9 months to regain its footing. How did the dusts get settled? What were the triggers for the resumption of euphoria? Market became parabolic after 98.

[stevevri]

While I put very little faith into this sort of thing or predicting the future, I thought this comparison to 2005 was equally compelling:

 

http://finance.yahoo.com/blogs/michael-santoli/last-year-tracked-the-1995-market-melt-up--ready-for-an--05-style-sideways-slog-203655671.html